LIHTC

National Housing and Rehabilitation Association has joined a national coalition comprised thus far of more than 50 other housing agencies and organizations in sending a letter to Congress urging the enactment of three proposals in upcoming Low Income Housing Tax Credit legislation to rekindle equity investment in the program.

The Louisiana Housing Finance Agency (LHFA) will hold a public meeting on September 23 in Baton Rouge to receive comments on the agency’s proposed amendment to the State’s 2007/08 GO Zone Qualified Allocation Plan.

Alabama Housing Finance Authority (AHFA) will conduct a public hearing concerning the modifications to the 2010 HOME Investment Partnerships Program Action Plan and the Low-Income Housing Tax Credit Allocation Plan for the distribution of HOME funds and Housing Credits in exchange for the new construction and substantial rehabilitation of low-income projects and for the monitoring of HOME funds and Housing Credits for all projects.

The California Tax Credit Allocation Committee recently announced that it will hold two loan workshops for recipients of American Recovery and Reinvestment Act (ARRA) funds.

The New York State Senate is considering legislation related to conveyances involving real property financed with federal low-income housing tax credits.

The Washington State Housing Finance Commission recently issued a memorandum summarizing proposed revisions to its low-income housing tax credit program policies for 2010.

The Maryland Department of Housing and Community Development recently announced that it will postpone its scheduled October 2009 competitive funding round until early 2010, with applications due in February ““ an exact due date will be determined at a later date.

If you missed the 2009 Summer Institute in Woodstock, VT you can still purchase conference materials and video and/or audio recordings of select sessions.

The California Tax Credit Allocation Committee has issued a notice entitled, “Tax Credit Assistance Program (TCAP) Environmental Requirements & Guidance.”

The Tennessee Housing Development Agency has made available various environmental review forms for qualified applicants seeking funding under the Tax Credit Assistance Program (TCAP), provided by the American Recovery and Reinvestment Act.

The New Mexico Mortgage Finance Authority has released a draft of its 2010 qualified allocation plan for the low-income housing tax credit (LIHTC) program and will accept comments regarding the draft QAP until September 28.

The New Hampshire Housing Finance Authority recently released its draft 2010 qualified allocation plan (QAP) for administering the federal low-income housing tax credit (LIHTC) program.